MOSCOW, Nov 2 (PRIME) -- Russian stocks increased on Friday supported by positive dynamics on foreign floors and an oil price rebound, analysts said.
The MOEX Russia Index rose 0.79% to 2,377.95 and the RTS increased 0.30% to 1,134.80.
“The Russian market spent Friday in a slight plus within 1%. Positive on global floors inspired optimism to the players on our stock market – today all major stock indices of Asia and Europe were trading in positive territory,” Veles Capital analysts said in a research note.
Brent oil prices have stabilized near U.S. $73 per barrel, Freedom Finance analyst Anastasia Sosnova said.
Power producer Unipro was among growth leaders, adding 4.25% on reports that its board of directors recommended paying 0.111 rubles per share in dividends for January–September.
United Wagon Company (UWC) grew 3.69% after reporting that its net profit jumped to 336.69 million rubles in January–September, as calculated under Russian Accounting Standards (RAS).
Magnitogorsk Iron and Steel Works (MMK) added 0.15% on reports that its net profit rose 31.7% on the year to $1.072 billion in January–September, as calculated under International Financial Reporting Standards (IFRS).
Retailer Magnit rose 0.55% after saying that it signed a legally binding agreement to buy pharmaceuticals distributor SIA Group from investment company Marathon Group.
Below are the MOEX Russia Index’s five most active stocks on Friday:
| Company | Change, % | Last price, rbl | Trading volume, bln rbl |
|---|---|---|---|
| Sberbank | +2.08 | 192.60 | 13.276 |
| Lukoil | +0.87 | 4980.00 | 4.448 |
| Norilsk Nickel | +1.96 | 11470.00 | 3.240 |
| Gazprom | +0.14 | 153.71 | 2.458 |
| Yandex | -0.2 | 1995.00 | 1.614 |
(65.6517 rubles – U.S. $1)
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